From Wikipedia, the free encyclopedia
Jump to: navigation, search
Hypercom Corporation
Traded as NYSE: HYC
Fate Acquired by Verifone
Founded Australia, (1978 (1978))
Founder George Wallner
Defunct 2011
Headquarters Scottsdale, Arizona, United States
Key people
Norman Stout, Chairman; Philippe Tartavull, CEO & President
Products Payment terminals
Website www.hypercom.com

Hypercom was an American company that produces electronic payment processing hardware and software and was acquired by rival VeriFone in 2011.


A history of Hypercom through 1998 is available on the Funding Universe http://www.fundinguniverse.com/company-histories/hypercom-corporation-history/

On November 17, 2010, VeriFone announced its agreement to acquire Hypercom [1]

On April 4, 2011, Ingenico announced its agreement to acquire Hypercom's U.S. Payment Systems Business prior to the close of the VeriFone acquisition [2]

On May 12, 2011, The Department of Justice filed a civil antitrust lawsuit today to block the proposed acquisition of Hypercom by VeriFone saying the planned sale of Hypercom’s U.S. POS terminal business to Ingenico does not resolve the antitrust concerns [3]

On August 4, 2011

- VeriFone announced its completion of the acquisition of Hypercom after reaching a settlement with antitrust regulators to sell Hypercom's U.S. payment systems business to an entity sponsored by investment firm Gores Group LLC [4]

- KleinPartners Capital announced the acquisition of Hypercom Spain S.A. and Hypercom UK, with Kazem Aminaee, the former President of Hypercom Europe, Middle East, and Africa, forming Spire Payments [5]

On September 30, 2011 Hypercom US announced it formally changed its corporate name to Equinox Payments, LLC. [6]


External links[edit]